At this year's Paris Air Show, held June 15-21, historic and cutting edge aircraft are on display and in flight. Check out the military and civilian aircraft showcased this year.

Air France said Friday it would give about 17,500 euros ($24,000) as an advance to the families of the victims of the crash of Air France Flight 447 from Rio de Janeiro to Paris.

British Airways pilots are set to vote on a deal under which they would receive shares in the company in return for a pay cut, the latest measure to help the airline through

Global aerospace companies are seeing early signs that financing conditions could improve next year, but executives cautioned at the Paris Air Show that the economic situation remained tense.

Day two of the Paris air show and Monday's terrible weather seems to have lifted. The question is has it lifted the mood of those here at Le Bourget?

Northrop Grumman said a contract to build the first two production models of the U.S. Navy's new twin-engine E-2D Advanced Hawkeye command and control aircraft was worth $432 million.

Two years ago here at the Paris Airshow the sun was shining, the champagne corks were flying and the fizz was flowing as the orders rolled in for Airbus and Boeing. Wind the clock forward to now and the story is very different.

This is the 100th Paris Airshow but the aviation industry has little to celebrate. The grey weather here at Le Bourget really sums up to mood of most CEOs in the industry and it's extremely unlikely that we will see the flurry of aircraft orders normally associated with the event. The tragic news associated with Air France 447 is also casting a long shadow and is likely to dominate many of Airbus' scheduled events.

The world's biggest airshow next week may see more soul-searching than orders as the industry wades through an economic crisis overshadowed by the worst jetliner crash in eight years and looming defense cuts.